New Delhi, 24 August: NDTV shares have seen a big jump on Wednesday after news of Adani Group buying stake in New Delhi Television Limited Company (NDTV). Shares of NDTV have gained up to 5 percent on both the indices of the stock market.
At present, the shares of NDTV have reached Rs 384.5 with a jump of 5 per cent. This is the 52-week high in the stock market after setting the upper circuit of the day. The company’s stock jumped 5 per cent to Rs 384.50 on the Bombay Stock Exchange (BSE). On the National Stock Exchange (NSE) too, the stock of NDTV rose 4.99 per cent to Rs 388.20. This is the highest level of the company in the last one year.
In fact, the Adani Group had announced a day earlier to buy 29.18 per cent stake in NDTV. Adani Enterprises said in a statement that Adani Group’s media company AMG Media Networks Limited will indirectly buy this stake in NDTV. It will also launch an open offer for 26 per cent stake in this media house. However, shortly after, NDTV said that they were not aware of any such deal.
